Ask Question
18 August, 15:15

A small business takes out a loan for $14,000 at 7% simple interest over the course of 4 years. What is the monthly payment?

a) $291.67

b) $326.67

c) $373.33

d) $408.33

+1
Answers (1)
  1. 18 August, 17:51
    0
    Answer is d because I used that Calculator
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A small business takes out a loan for $14,000 at 7% simple interest over the course of 4 years. What is the monthly payment? a) $291.67 b) ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers